2205 N Lamar Blvd UNIT 222AustinTX78705
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Austin at 2205 N Lamar Blvd UNIT 222, Austin, TX, 78705 earns from $2,188/mo rent with a $2,279/mo payment. Total monthly income totals $2,188/mo. ROI tracks 9.74% on current figures, and rental yield reads 5.64% at a $465,600 purchase. Equity gained on principal adds $3,004/yr, and 5% annual appreciation supports $128,637 over five years. Five-year ROI reaches 50.07% and total cumulative return in cash sums $77,288. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,188/mo property income instead of your personal income.
Apartment
Built in 2007
1,698 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78705, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,526 (100%) |
| Owner Occupied HU | 1,265 ( 8.1%) |
| Renter Occupied HU | 12,438 (80.1%) |
| Vacant Housing Units | 1,823 (11.7%) |
| Median Home Value | $659,871 |
| Average Home Value | $784,458 |
Housing Distribution
Address Breakdown
Residential
13,291
Single Family
3,438
Multi-Family
9,853
Businesses
953
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